Chemical Processing
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Formosa Plastics' 1,650 million-pound-per-year Olefins 1 ethylene unit in Point Comfort, Texas, remains shut down
North America
Formosa Plastics' 1,650 million-pound-per-year Olefins 1 ethylene unit in Point Comfort, Texas, remains shut down. The unit shut down on August 2, 2022, due to economics within the plastics market. The unit is expected to restart in late April.
International
Polinter's 353 million-pound-per-year High Density Polyethylene (HDPE) Unit in Maracaibo, Venezuela, shut down for 40 days beginning March 1 due to the interruption of feedstock supply from Pequiven's plant also located in Maracaibo. The unit is expected to resume operations on April 10.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
Formosa Plastics' 1,650 million-pound-per-year Olefins 1 ethylene unit in Point Comfort, Texas, remains shut down. The unit shut down on August 2, 2022, due to economics within the plastics market. The unit is expected to restart in late April.
International
Polinter's 353 million-pound-per-year High Density Polyethylene (HDPE) Unit in Maracaibo, Venezuela, shut down for 40 days beginning March 1 due to the interruption of feedstock supply from Pequiven's plant also located in Maracaibo. The unit is expected to resume operations on April 10.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
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